BioStar Renewables Surpasses $25 Million in Innovative Financing

Better Buildings Challenge - Logo-01Bill Love, BioStar Renewables, CEO, is pleased to announce BioStar Renewables has been awarded the Better Buildings Challenge 2017 Goal Achiever Award from the US Department of Energy. The U.S. Department of Energy (DOE) declared the energy-efficiency progress made by 345 leading public and private sector organizations in the Better Buildings Challenge. These efforts have led to a combined 240 trillion BtU’s and an estimated $1.9 billion in cumulative energy and cost savings.

This year, BioStar Renewables is one of eighteen selected Better Buildings Challenge partners and allies who met their energy, water, or financing goals. Results are summarized in the 2017 Better Buildings Progress Report that highlights accomplishments across the broader Better Buildings Initiative. The goal of this initiative is to make commercial, public, industrial, and residential buildings twenty percent more energy efficient over the next decade by focusing on overcoming market barriers and sharing partner-created solutions.

Better Buildings is an initiative of the U.S. Department of Energy (DOE) designed to improve the lives of the American people by driving leadership in energy innovation. Since 2011, the US Department of Energy’s (DOE) Better Buildings Initiative has advanced proven efficiency solutions by partnering with leaders in the public and private sectors to make the nation’s homes, commercial buildings and industrial plants more energy efficient by accelerating investment and sharing of successful best practices.

Hawaii Solar PictureBioStar Renewables, based in Overland Park, KS, is a Financial Ally to the Better Buildings Challenge and BioStar Renewable’s team consists of professionals with a unique blend of private equity, project finance, asset management, tax-credit, renewable energy/real estate development, fund investment and operations experience. Since joining the Better Buildings Challenge, it has surpassed its goal of $25 million in innovative financing for energy efficiency. As Energy Secretary Rick Perry said in a public statement. “By planning ahead and investing in cost-effective energy efficiency strategies, partners are bringing better buildings to our communities and improving the everyday places Americans live and work, while creating new and lasting jobs.” BioStar Renewables proudly guides the way to transform energy efficient vision into reality.

For more information, contact:
Missy Love, Managing Director, Marketing

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